Steel Mills

ArcelorMittal to Idle Indiana Harbor #3 BF
Written by Sandy Williams
April 9, 2020
ArcelorMittal plans to idle the #3 blast furnace at Indiana Harbor in East Chicago, according to a report by the Northwest Indiana Times. A memo from USW Local 1010 President Steve Wagner to members stated that the company “has mandated that all employees with less than two years be laid off.”
“This is not in line with the collective bargaining agreement. Our interpretation is that the company must offer voluntary layoffs before anybody is involuntarily laid off,” said Wagner.
ArcelorMittal, like other steel mills in the U.S. and globally, has struggled with waning demand due to the COVID-19 crisis and the downturn in oil and gas.
This is the most recent status of blast furnaces at ArcelorMittal USA:
ArcelorMittal USA did not respond to SMU’s request for further comment.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

CRU: Tata Steel looks to shed 1,600 jobs in the Netherlands
The company said, “The challenging demand conditions in Europe driven by geopolitical developments, trade and supply chain disruptions and escalating energy costs have affected the operating costs and financial performance."

Reports: Federal funding for Cliffs’ project could be slashed
Elon Musk's DOGE is determining which Department of Energy grants to advance and which ones to terminate, according to several media outlets

Trump still against selling USS to Japanese firm: Report
Despite ordering a new review of Nippon Steel’s bid for U.S. Steel, President Trump said he is still against selling USS to a Japanese company, according to media reports.

Algoma looks to sell more steel in Canada in wake of Trump’s tariffs
The Canadian steelmaker said its absorbing higher tariffs as it moves forward.

Ancora abandons plan to take over leadership of USS
Investment firm Ancora Holdings Group has halted its play for U.S. Steel's board, citing Nippon Steel’s proposed bid for USS “gaining momentum.”